Housing Wire

SEPTEMBER 16, 2024

In 2024, the United States has already battled a year of extremes from tornadoes, hurricanes and flash flooding. Watery catastrophes have become far more and condo flooding is on the rise. September tends to be the most active month of the hurricane season. Of storms recorded in the Atlantic over time, over one-third have formed during September. The immense flooding that occurs during storm season can lead to evacuations and widespread power outages as we continue to feel the increasing severit

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Property Management Residential Development As-is 451

Real Estate News

SEPTEMBER 16, 2024

Using the “one-third” formula, the plaintiffs’ lawyers are asking for more than $225 million from the two commissions settlements, plus other expenses.

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Housing Wire

SEPTEMBER 16, 2024

Recipients of the federal Social Security benefits program are on track to receive a 2.5% cost-of-living adjustment (COLA) in 2025, a smaller increase than in recent years as the bite of inflation loosens its grip. A forecast released last week by The Senior Citizens League (TSCL) arrived just ahead of an expected cut to benchmark interest rates by the Federal Reserve as economic data shows inflation beginning to come closer to the Fed’s target of 2% annually.

As-is 439

As-is Finance 439

Real Estate News

SEPTEMBER 16, 2024

The cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.

Brokerage 176

Brokerage 176

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Agents

Housing Wire

SEPTEMBER 16, 2024

Real estate and mortgage professionals: Your voice matters! Fill out the 5 minute survey today! Each quarter, HousingWire will tally the results and compile a report to gauge the market and provide you with valuable market trends, opportunities, and challenges. There is much to learn about the challenges real estate and mortgage professionals are facing.

Marketing 438

Marketing Mortgages As-is 438

Housing Wire

SEPTEMBER 16, 2024

The country’s largest wholesale lender, United Wholesale Mortgage (UWM), has launched a broker training program that will teach individuals to become licensed mortgage originators. Dubbed “BrokerX,” the five-week program will provide existing brokers with a “streamlined solution” for training and licensing new talent without the use of their own training team.

Pre-approval 435

Pre-approval Loans Mortgages Technology 435

Inman

SEPTEMBER 16, 2024

The Obamas lived in the apartment from 1993 to 2005. The home is now being sold by Grammy-award-winning jazz singer Kurt Elling and his wife, Jennifer Elling.

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Housing Wire

SEPTEMBER 16, 2024

The James Dwiggins -helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a brief filed last week. The filing does not note how much NextHome has agreed to pay or what, if any, business practice changes it will implement.

Brokerage 417

Brokerage 417

Inman

SEPTEMBER 16, 2024

The super-narrow house in Boston's North End has long been associated with lore of two brothers fighting over property rights around the Civil War, but newly scrutinized archival documents shows that the tall tale may be erroneous.

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Agents

Housing Wire

SEPTEMBER 16, 2024

Keller Williams ‘ legal worries just got a little lighter. On Friday, the real estate franchisee and the plaintiffs’ counsel in the Mcfarlane suit reached a settlement agreement for the lawsuit related to the firm’s recently abandoned changes to its profit-sharing program. In an email, Keller Williams confirmed that this agreement settles all of the breach-of-contract lawsuits filed against it by attorneys at the law firm of Humphrey, Farrington & McClain PC.

Brokerage 415

Brokerage Design Agents Closing 415

Inman

SEPTEMBER 16, 2024

This September, generate a supernova of change, and prepare to thrive well before 2025 arrives using these time management strategies from trainer Rachael Hite.

Agents 141

Agents Marketing 141

Housing Wire

SEPTEMBER 16, 2024

At the end of August, Guild Mortgage announced a suite of products under the name “ Flex Payment Mortgage ,” which includes Home Equity Conversion Mortgage ( HECM ) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. Jim Cory, managing director of Guild’s reverse division, previously spoke with HousingWire ’s Reverse Mortgage Daily (RMD) about that rebranding initiative and what the division is keeping in mind following Guild’s acquisition

Mortgages 413

Mortgages Loans Loan Officer Industrial 413

Keeping Current Matters

SEPTEMBER 16, 2024

A shift is underway in the housing market this season.

Marketing 250

Marketing Mortgages 250

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Brokerage

Housing Wire

SEPTEMBER 16, 2024

Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America. In a filing in the Sitzer/Burnett suit on Friday, the class counsel notified the court that it wants one-third of the $679.275 million settlement amount from the two parties, which equals roughly $226.425 million.

As-is 411

As-is Agents 411

Inman

SEPTEMBER 16, 2024

Real estate teams are here to stay. Follow Up Boss cuts through the confusion and offers clarity through customer-led education.

Agents 176

Agents 176

RIS Media

SEPTEMBER 16, 2024

With just shy of $1 billion in a still-growing settlement fund, lawyers who worked on the Burnett case are renewing their bid to have a judge approve one-third of the amount paid by HomeServices of America and the National Association of REALTORS® (NAR) as their fee, with an additional $16 million to cover out-of-pocket expenses.… The post Burnett Attorneys Request $226M From Settlements appeared first on RISMedia.

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Industrial Agents 117

Inman

SEPTEMBER 16, 2024

In the wake of the Aug. 17 deadline, a rising share of agents told the Inman Intel Index that they were frustrated with industry trade groups and have considered leaving the industry. But will this all blow over?

Agents 105

Agents Industrial MLS Brokerage 105

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Loans

RIS Media

SEPTEMBER 16, 2024

As the real estate industry works to implement rule changes triggered by the National Association of REALTORS®’ (NAR) Aug. 17 mandate, further disruption potentially lies ahead as the future of the Clear Cooperation Policy (CCP) hangs in the balance. Last week, the MLS Technology and Emerging Issues Advisory Board held its regularly scheduled meeting on… The post Ruling on Future of Clear Cooperation Punted to October appeared first on RISMedia.

MLS 112

MLS Technology Industrial 112

Eye on Housing

SEPTEMBER 16, 2024

Over the first seven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 599,308. On a year-over-year (YoY) basis, this is an increase of 13.7% over the July 2023 level of 527,158. Year-to-date ending in July, single-family permits were up in all four regions. The range of permit increases spanned.

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Construction Marketing 112

Bigger Pockets

SEPTEMBER 16, 2024

Banks are feeling pressure from the federal government to fund affordable housing projects, and they're pushing back. But in the middle of the fight is a possible profitability route for investors.

Banks 111

Banks Investor 111

HomeLight

SEPTEMBER 16, 2024

In recent years, U.S. consumers watched as mortgage interest spiked until they hit a 23-year high of nearly 8% in October 2023. Now that rates have finally started declining, many would-be homebuyers and sellers are ready to climb off the fence and make a move. But what makes mortgage rates go down? What are the signs to watch for to determine if they’ll keep going down?

Mortgages 108

Mortgages Banks Sales Marketing 108

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Agents

Bigger Pockets

SEPTEMBER 16, 2024

Learn how to find the best real estate markets by analyzing local economies, population trends, and infrastructure to make smart, profitable investments.

Marketing 114

Marketing 114

Marco Santarelli

SEPTEMBER 16, 2024

Okay, so you want to know what the Colorado housing market might look like in 2025? Well, it's a bit of a mixed bag right now. Some areas might see prices go down, while others might go up. It's like a seesaw, kind of unpredictable! If you're thinking about buying a house, investing, or you work in real estate, it's super important to keep up with what's happening.

Marketing 105

Marketing Sales As-is Investor 105

RIS Media

SEPTEMBER 16, 2024

Staying motivated in the real estate business can be a challenge, especially when it comes to prospecting. It’s easy to feel overwhelmed or uninspired, but staying on track is crucial for your success. Whether you’re a seasoned agent or just starting out, there are strategies you can adopt to keep yourself motivated, even when you… The post From Doldrums to Deals: Keeping Your Prospecting Spirits High appeared first on RISMedia.

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Agents Development Industrial 103

BubbleInfo

SEPTEMBER 16, 2024

There is more talk about the Fed cutting a half-point on Wednesday. If they only drop 1/4%, mortgage rates will probably rise because at least that much is already priced in today. It won’t mean much for the long-time active listings unless they lower their price. Of the 465 actives today between La Jolla and […] The post Inventory Watch first appeared on bubbleinfo.com.

Mortgages 102

Mortgages 102

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Sales

Brownstoner

SEPTEMBER 16, 2024

Opulent plasterwork is on display in this Cobble Hill Italianate, paired with a modern renovation by a noted architect that includes triple-paned windows, central air, and a sauna. In the Cobble Hill Historic District, the brownstone at 321 Clinton Street is also generously sized with four floors of living space… Read More > The post Cobble Hill Brownstone With Plasterwork, Marble Mantels, Central Air Asks $11.25 Million appeared first on Brownstoner.

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Renovation Marketing 98

Estate Agent Today

SEPTEMBER 16, 2024

The prime London sales market suffered from an unsettled summer but the level of discounts is at least declining, research suggests.

Marketing 115

Marketing Sales 115

RIS Media

SEPTEMBER 16, 2024

Canopy REALTOR® Association has announced the promotion of Michele L. McCaskill, Esq. to General Counsel and Association COO. She previously served as VP of Risk Management and Assistant General Counsel. As General Counsel, Canopy stated that McCaskill will serve as the chief legal officer to all Canopy entities including Canopy Realtor® Association, Canopy MLS and… The post Canopy REALTOR® Association Promotes Michele L.

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MLS Industrial Agents 99